What you should know:
1. HST and Casetabs secured a majority investment led by Bain Capital and Tech Opportunities, as well as a minority investment from Nexxus Holdings.
2. Executives from both HST and Casetabs will lead the combined entity in growing a pipeline of ASC information management products and services.
3. HST and Casetabs already share 400-plus customers, and they began bi-directionally integrating their products in 2019. They launched a revenue-sharing agreement in January of this year.
4. Gavin Fabian is the founder and CEO of Casetabs, and Tom Hui is the founder and CEO of HST.
5. Financial terms of the deal were not disclosed.
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.